Luckin Coffee eyes U.S. relisting as five-year turnaround from fraud scandal takes hold
Key PointsLuckin Coffee CEO Jinyi Guo said the company is preparing to relist in the U.S.The Xiamen-headquartered coffee chain was...
Breaking News: Business
CoreWeave CEO won't say if Core Scientific caused data center delays, both stocks plunge
CoreWeave shares closed down 16% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit...
Airlines warn flight cancellations will continue even after shutdown ends
A sign displaying "Will Vector for Food" is displayed on the control tower as a Southwest airlines flight takes off...
Real estate titan Barry Sternlicht says he will 'have to' drop employees in favor of AI
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new...
Paramount Skydance expects another $1B in merger savings as David Ellison resets spending
Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | ReutersParamount Skydance said...
Kia previews next-gen Telluride SUV as 'new benchmark' for brand
DETROIT – Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a "new benchmark for...
Disney's newest cruise ship, the Destiny, is getting ready to set sail: Here's a peek inside
Hero Minnie will appear on Disney's newest cruise ship the Disney Destiny.DisneyThe Disney fleet is expanding yet again.Later this month, the...
Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights
Flight timings and cancellations are displayed on the departures board, a month into the ongoing U.S. government shutdown, at Ronald...
Private-jet demand is on the rise amid government shutdown, says Flexjet CEO
A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego,...
Restaurant Brands International to form joint venture for Burger King China to accelerate expansion
People walk past a Burger King restaurant with Chinese national flags displayed on a street during the National Day Golden...
FAA prohibits most private jets at 12 major airports amid shutdown's air traffic staffing problems
A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12,...
Britain's BBC boss Tim Davie resigns following criticism over Trump documentary edit
The BBC's Broadcasting House in London, England, on July 10, 2023.Vuk Valcic/Sopa Images | Lightrocket | Getty ImagesThe director general...
FAA issues order prohibiting MD-11 flights pending inspection after fiery UPS jet crash
Tails of FedEx MD-11 with UPS Boeing 767 with hangars under construction behind. Aviation-images.com | Universal Images Group | Getty ImagesThe...
FAA-mandated flight cancellations to worsen next week if shutdown continues
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in...
Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin
U.S. airlines started cancelling hundreds of flights on Friday, hours after the Federal Aviation Administration ordered the cuts amid the...
FAA announces flight reductions at 40 airports. Here's where cuts are expected and what travelers need to know
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in...
Qantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and London
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. QantasAustralia's Qantas on Friday revealed the first...
Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup
Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday...
CarMax stock falls 24% as CEO steps down, used car retailer releases weak outlook
A CarMax dealership in Santa Rosa, California, on April 11, 2023.Justin Sullivan | Getty ImagesDETROIT – Shares of CarMax Inc....
Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
Chipotle Mexican Grill and Coach store logos.Getty ImagesChipotle and Cava pinned weaker sales on younger customers who are pulling back...
